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Global textiles giant Simba can peek at IFOTA’s books, judge says
Clothing manufacturer IFOTA has been ordered to open its books to shareholder Simba after it raised concerns about IFOTA's management and financial position.
Judge scolds Mills Oakley for ‘regrettable’ arrangement with debt management company
A judge has partly sided with a former Mills Oakley client in his challenge to a costs ruling in a saga over $25,000 in unpaid fees, saying the law firm's arrangement with a debt management company that kept the client in the dark about the consequences of default was "regrettable".
MWL files derivative suit against Focus Financial
Majority shareholders in MWL Financial have filed a derivative suit against US-based Focus Financial Partners over a soured acquisition.
Directed Electronics wins access to seized documents in corporate theft suit
Australian automotive electronics developer Directed Electronics OE has won access to documents seized from rivals it claims misappropriated its confidential information and infringed its copyright to gain $3.6 million in secret commissions.
Judge greenlights MWL derivative suit against Focus Financial
Majority shareholders in MWL Financial have won court approval to bring a derivative suit against US-based Focus Financial Partners over an acquisition gone sour.
Hastie liquidators offer to settle with builders over $124M in unpaid bills
Hastie Group's liquidators have offered to drop their $124 million case against two dozen major builders if the companies agree to pay an undisclosed sum toward their unpaid bills, a court heard Friday.
Judge orders change to opt out notice after Maddens lawyer’s ‘misleading’ comments
A judge has ordered changes be made to the opt out notice in three class actions over the 2018 St. Patrick's Day bushfires in South West Victoria, after insurers complained comments made by a Maddens principal to a local newspaper were misleading.
Judge stays $2.6M judgment against QBE over steel mill collapse
A Federal Court judge has stayed a $2.6 million award against QBE Insurance (Australia) to cover losses related to the 2014 collapse of steel product manufacturer Independent Tube Mills in 2014.
QBE Insurance to pay $2.6M over collapsed steel mill
QBE Insurance (Australia) has been ordered to pay over $2.6 million in compensation to cover losses after a series of mishaps led to the collapse of steel product manufacturer Independent Tube Mills in 2014.
Hastie liquidators battle major builders over millions in unpaid bills
Liquidators for failed engineering services company Hastie Group have a fight on their hands over tens of millions of dollars in unpaid invoices from construction companies, with major builders claiming not only that they don't have to pay, but that the bills aren't payable.